The Existing Problems and Model Analysis of Supply Chain Management in Traditional Chain Retail Enterprises ---- Take Walmart as an Example

Abstract

As the retailer that has ranked at the top of the Fortune Global 500 consecutively, Walmart is regarded as an enterprise including three store forms, namely Walmart Shopping Center, the Walmart Community Store, and Sam's Warehouse Membership Store. After establishing more than 10,000 businesses in 27 different countries all over the world, Walmart's sales have been characterized by the globalization of its supply network. Walmart's offline retails were no longer restricted to the shopping malls and e-commerce platforms that operated in its birthplace, the United States. Taking advantage of optimization management in the supply chain, it gradually transformed from traditional offline shopping to new retail through digital transformation, possessing an outstanding brand effect. Walmart provides a comprehensive "one-stop" shopping service for differentiated consumer groups, while also fostering the concept of win-win cooperation between upstream and downstream corporations. Ultimately, Walmart will improve the enterprise's long-term market competitiveness and allocate more market share. This paper aims to analyze the cost management mode of traditional retail enterprises, especially the inventory management mode, in order to explain how to reduce unnecessary losses in the whole system of the supply chain, optimizing the allocation and minimizing inventory for maximized profit.